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The Fabricating Department started the current month with a beginning Work in Process inventory of $11.900. During the month, it was assigned the following costs
The Fabricating Department started the current month with a beginning Work in Process inventory of $11.900. During the month, it was assigned the following costs direct materials, $77.900, direct labor, $25,900, and factory overhead, 60% of direct labor cost. Also, inventory with a cost of $118.500 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account for the Fabricating Department is: Multiple Choice o () S70,140. o O S71,604 o 590 304 o 55,700. o
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